EU Parliament renews trade-liberalization measures for Ukraine

9 May, 04:51 PM
537 deputies voted for the extension (Photo:Yves Herman / Reuters)

537 deputies voted for the extension (Photo:Yves Herman / Reuters)

The European Parliament has given the green light to suspending EU import duties on Ukrainian exports of agricultural products for another year to support the country’s economy, the agency said in a press release on May 9.

The relevant decision was backed by 537 MEPs, with 42 against and 38 abstentions.

According to EU officials, the suspension of tariffs applies to fruits and vegetables subject to the entry price system, as well as agricultural products and processed agricultural products subject to tariff-rate quotas.

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In addition, industrial products are subject to zero duties since Jan. 1, 2023, under the EU-Ukraine Association Agreement, so they are not included in the new proposal.

Earlier the United Kingdom extended temporary tariff liberalization for Ukraine until early 2024.

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